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in 1939, eisenhower returned to the united states. i might say just a further word about the assignment. mcarthur retired the chief of staff and from the army, and his job was to command -- he was the commander of the army, and eisenhower, in effect, was a senior u.s. army person with the philippine army, mcarthur, the commander, but out of the u.s. army, and roosevelt did not recall him to active duty in the army until june of 1941. eisenhower came back in 1939 to command the first battalion in the 15th infantry in fort louis, and in quick succession, chief of staff of third division, chief of staff of 9th corp., and third army down in san antonio again where the famous louisiana maneuvers took place in the summers of 1941. the third army beat the socks off the second army, eisenhower chief of staff to third army, got credit for that. general marshall went down to watch the louisiana maneuvers. these were over 500,000 troops marching all over louisiana for two weeks. they asked who should head the war plans division in washington and
in 1939, eisenhower returned to the united states. i might say just a further word about the assignment. mcarthur retired the chief of staff and from the army, and his job was to command -- he was the commander of the army, and eisenhower, in effect, was a senior u.s. army person with the philippine army, mcarthur, the commander, but out of the u.s. army, and roosevelt did not recall him to active duty in the army until june of 1941. eisenhower came back in 1939 to command the first battalion...
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the united states showing the big slope up. government programs he says for example extended unemployment insurance could have kept the rate high. nonsense says jeff lacker from the richmond fed, jim bull from st. louis and others. there he say he didn't look deep enough into the data. we have a high, long-term unemployment problem. that is a sign of structural. then they say this very interesting question, a little bit into the economics here. where the deflation? if there is all of this extra slack in the economy, prices should be falling. in fact, you have this large bump up in unemployment and then you look at the year over year end of inflation and there is no deflation there. the big question, guys, where does the number come back to? what is the right number? should the fed be aiming for a 5%, 6%, or 7% unemployment rate which means there's a lot less slack in the economy right now. that's the debate, scott. that's what the fed is puzzling over. how much it can do. how much progress it can have on unemployment. bernanke
the united states showing the big slope up. government programs he says for example extended unemployment insurance could have kept the rate high. nonsense says jeff lacker from the richmond fed, jim bull from st. louis and others. there he say he didn't look deep enough into the data. we have a high, long-term unemployment problem. that is a sign of structural. then they say this very interesting question, a little bit into the economics here. where the deflation? if there is all of this extra...
SFGTV: San Francisco Government Television
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somebody told me i'm the only person in the united states who carried four torches. i don't know and i don't care. one thing, i know that in short time this torch will go to the museum in san francisco. thank you. >> president chiu: thank you very much, supervisor mar. why don't we go back to our speakers with regard to the eight washington hearing and let's hear from the next person in line. >> thank you, president chiu. thank you supervisors. a pleasure to be here. i'm brendan dun gan. i -- the things they've done is fantastic. i'm here in support of eight washington and the process they've been through. i think the repeal is not the kind of process the project should be going through. i'm a licensed architect in california, and that's one of the largest issues, is having some known quawn quantity when a project goes forward for development. and seven years i think they've been engaging the community, they've listened to the community, advisory committees, they've made significant changes to the project, to the betterment of the waterfront. my kids go to school her
somebody told me i'm the only person in the united states who carried four torches. i don't know and i don't care. one thing, i know that in short time this torch will go to the museum in san francisco. thank you. >> president chiu: thank you very much, supervisor mar. why don't we go back to our speakers with regard to the eight washington hearing and let's hear from the next person in line. >> thank you, president chiu. thank you supervisors. a pleasure to be here. i'm brendan dun...
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states on. my watch and they run run down my property and something about this noise. was a little mean that cockroaches from coming over the wire is protecting the country i'm the kind of guy who doesn't mind it is pants dirty so i come out here you know we're all immigrants as well that we all hear something else. ily ily ily ily ily. ily ily. ily . all right before the break we got into shadow banking the lurking often overlooked aspect of the banking system which affects inflation deflation and everything that we're talking about when we're thinking about what the federal reserve is going to do in the effects of it so bob english gets contributing editor at zero hedge is here in studio and he is in a lightening us and doing a great job at that now before the break we got a little bit into a little bit we had a lot into shadow banking but are people missing the bigger picture when they focus on government debts and central banks are prepared to monetize private debt as well is that part of th
states on. my watch and they run run down my property and something about this noise. was a little mean that cockroaches from coming over the wire is protecting the country i'm the kind of guy who doesn't mind it is pants dirty so i come out here you know we're all immigrants as well that we all hear something else. ily ily ily ily ily. ily ily. ily . all right before the break we got into shadow banking the lurking often overlooked aspect of the banking system which affects inflation deflation...
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for president of the united states. tomorrow president obama and vice president biden are pxpected tooaccept the nominations.i'm megan gilliland, fox455morning news. that brings us to our question of the day.how effective do you think governor o'malley's speech was last night at the democratic national convention? we'll take your calls in our 7 o'clock hour. you can also go to fox-baltimore dot com and tell us what you ttink... sounddoff through facebook or send us a tweee.. at foxbaltimore. 3 the 15-year-old suspect behind the shooting at perry hall high school on the first day of school... has been indicted. indicted. gladden faces 29 counts... including attempted urder, first degree assault, reckless endangerment investigators say gladden pulled out a ddubleebbrreled shot gun and randomly fired inssde the school's cafeteria on august 27-th. pis bullets hit a special needs student named daniel, who remains in shock trauma this morning.. last night, erry hall parents gathered in tte high school auditorium...to get anss
for president of the united states. tomorrow president obama and vice president biden are pxpected tooaccept the nominations.i'm megan gilliland, fox455morning news. that brings us to our question of the day.how effective do you think governor o'malley's speech was last night at the democratic national convention? we'll take your calls in our 7 o'clock hour. you can also go to fox-baltimore dot com and tell us what you ttink... sounddoff through facebook or send us a tweee.. at foxbaltimore. 3...
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in 1939, eisenhower returned to the united states. i may say just a further word about that assignment. macarthur had retired as chief of staff in the united states army in 1935 and his job in manila was commander of the philippine army. eisenhower was chief of staff and remained on act to duty in the united states army. eisenhower was a senior at the u.s. army person at the philippine army. macarthur being a commander, but out of the u.s. army and president roosevelt did not recall active duty in the army until june of 1941. eisenhower came back and 39 to command the first battalion with the 15th infantry at fort lewis and in quick succession became chief of staff of the third division, chief of staff of the ninth court and the chief of staff of third army town in san antonio again under general walter krueger, the famous louisiana took place in the summer of 1961. kruger's third army beat the socks off then layers thick and army. eisenhower was chief of staff, got an enormous amount of credit for that. general marshall went down to
in 1939, eisenhower returned to the united states. i may say just a further word about that assignment. macarthur had retired as chief of staff in the united states army in 1935 and his job in manila was commander of the philippine army. eisenhower was chief of staff and remained on act to duty in the united states army. eisenhower was a senior at the u.s. army person at the philippine army. macarthur being a commander, but out of the u.s. army and president roosevelt did not recall active duty...
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it will come pretty close to the east coast of the united states. we'll be tracking it for you. maybe a couple of rain showers this morning. scattered thunderstorms this afternoon. high temperature between 84 and 89. it will get warmup the next couple of days. 20% chance for a shower on thursday and friday. high temperature near 90. scattered storms on saturday night and sunday. that will kick leslie off the coast and give was a nice touch of autumn with overnight lows into the 50's. >> 5:50. marked reynolds does it again as the orioles swing into it first- place tie with the yankees. >> here is a look at last night's winning maryland lottery numbers. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. verizon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what's pretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't mat
it will come pretty close to the east coast of the united states. we'll be tracking it for you. maybe a couple of rain showers this morning. scattered thunderstorms this afternoon. high temperature between 84 and 89. it will get warmup the next couple of days. 20% chance for a shower on thursday and friday. high temperature near 90. scattered storms on saturday night and sunday. that will kick leslie off the coast and give was a nice touch of autumn with overnight lows into the 50's. >>...
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and the author is in material breech of his secrecy of the united states government. >> i think this guy might be in some big trouble. >> reporter: john mahoney is a dc lawyer. he says from everything he knows about this case, he could very well have broken the law. >> for him to publish a book frankly that could possibly disclose national security secrets without getting clearance, could lead to criminal charges and lead to a court martial. >> reporter: if the book does include national security secrets, he may not be the only one in trouble. the co-author and publisher could also face criminal charges. anita. >> we'll have to wait and see what happens. thanks, matt. scott broke to him, and you can see that entire interview on sunday on 60 minutes right here on wusa9. >>> new tonight at 11:00, a memorial service is planned for neil armstrong next week right here in washington dc. it will be next thursday at the national cathedral and it begins at 10:00 a.m. and it's open to everyone. it will be streamed live on the cathedral's website and that sa's website. arm -- nasa's website. ar
and the author is in material breech of his secrecy of the united states government. >> i think this guy might be in some big trouble. >> reporter: john mahoney is a dc lawyer. he says from everything he knows about this case, he could very well have broken the law. >> for him to publish a book frankly that could possibly disclose national security secrets without getting clearance, could lead to criminal charges and lead to a court martial. >> reporter: if the book does...
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right here in the united states of america. when it comes to the health of our family, barack refused to listen to all those folks who told them to leave health reform for another day. another president. he didn't care whether it was the easy thing to do politically. no, that's not how he was raised. he cared that was the right thing to do. [cheers] [applause] he did it because he believed that here in america, our grandparents should be able to afford their medicine. our kids should be able to see a doctor when they are sick, and no one in this country should ever go broke because of an accident or illness. [cheers] [applause] and he believed that women are more than capable of making our own choices about our bodies and our health care. [cheers] [applause] that is what my husband stands for. when it comes to giving our kids the education that they deserve, barack nose like me and so many of you, he never could have attended college without financial aid. believe it or not, when we were first married, are combined monthly stud
right here in the united states of america. when it comes to the health of our family, barack refused to listen to all those folks who told them to leave health reform for another day. another president. he didn't care whether it was the easy thing to do politically. no, that's not how he was raised. he cared that was the right thing to do. [cheers] [applause] he did it because he believed that here in america, our grandparents should be able to afford their medicine. our kids should be able to...
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then my get worse the united states certainly affects the world mainly through brother militaristic outlook we are despite the headlines that we hear all that we see all the time here in the states about how the wars in afghanistan and iraq are ramping down they are still is going to be a considerable forward aggressive strategy around the world particularly in the middle east i think whether you're looking at a romney administration or an obama administration i wouldn't look for the united states to have a different foreign policy in any kind of substantive way under romney because of the two party traps for a reason you know there's there's two terrible choices it's a lot like sitting down to a restaurant where they offer two needles and they're both just terrible. the democrats have criticized mitt romney for his vehement rhetoric against china is the obama administration seeks to improve relations with beijing state secretary in ri clinton she's in the chinese capital at the moment for talks but her visit comes amid rising diplomatic tensions beijing as ward washington to stay out of th
then my get worse the united states certainly affects the world mainly through brother militaristic outlook we are despite the headlines that we hear all that we see all the time here in the states about how the wars in afghanistan and iraq are ramping down they are still is going to be a considerable forward aggressive strategy around the world particularly in the middle east i think whether you're looking at a romney administration or an obama administration i wouldn't look for the united...
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ever get in my kid worse the united states certainly affects the world mainly through its brother militaristic outlook we are despite the headlines that we hear all that we see all the time here in the states about how the wars in afghanistan and iraq iran think down here still is going to be a considerable forward aggressive strategy around the world particularly in the middle east i think whether you're looking at a romney administration or an obama administration i wouldn't look for the united states to have a different foreign policy in any kind of substantive way under romney than we have today because of the two party traps for a reason you know there's there's two terrible choices it's a lot like sitting down to a restaurant where they offer two needles and they're both just terrible so i personally would rather eat somewhere else and i would say well because you know either a protest vote for a secure third party for all show up at the polls and not vote for president i want them to know that i'm voting and i'm available to vote but i cannot endorse either of these two of them. and it
ever get in my kid worse the united states certainly affects the world mainly through its brother militaristic outlook we are despite the headlines that we hear all that we see all the time here in the states about how the wars in afghanistan and iraq iran think down here still is going to be a considerable forward aggressive strategy around the world particularly in the middle east i think whether you're looking at a romney administration or an obama administration i wouldn't look for the...
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>> i think that's true, always i think the structural deficits of the united states, as my good friend bowles and simpson talk about are difficult to deal with. it could cause a hiccup at any type. hopefully the next administration will deal with that. >> which is why romney and ryan put that issue front and center and that is tart of the conversation right now where as we were not talking about these issues before that. low do you think they will play out. a lot of euphoria around it. >> ity tt tt tty -- i think itt important lex of my lifetime. they are picking between a economic systemen gauged by the government, and more involved with the government, verses the republican side which is going to be less government and more free market. so, it's a choice. i think the candidate that can make the best argument as to why they're model or approach is going to create better economic growth will win the election, and we'll see. i think it will be very close. >> it has been very close in the polls, and it's not just about growth, but also about jobs. we have a jobs report coming out on frid
>> i think that's true, always i think the structural deficits of the united states, as my good friend bowles and simpson talk about are difficult to deal with. it could cause a hiccup at any type. hopefully the next administration will deal with that. >> which is why romney and ryan put that issue front and center and that is tart of the conversation right now where as we were not talking about these issues before that. low do you think they will play out. a lot of euphoria around...
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land and united states also. you can be with china hold ourselves trying to seize we see a lot of deeds and we've also seen a lot worse. wars i'm not matched it be. well of course when we look at the context that is as complex as it is in the region now we need to take a look at what media are doing and of course chinese media is washington are fueling tensions between the parties in the territory dispute how do you personally view this. i think we just cannot have tossed mass media told only by the we have to keep in mind these beauty is between china and japan it's between china and vietnam and if we to be in this not between china and the united states this is the first important since i have taken a stink. i think inside it as a matter of just a few depend on the bridge repair and. against against the chinese claim solver deplane. well it seems like the united states is trying to increase his diplomatic presence in asia at the moment so what are its goals what sort of goals it's pursuing there in the region i
land and united states also. you can be with china hold ourselves trying to seize we see a lot of deeds and we've also seen a lot worse. wars i'm not matched it be. well of course when we look at the context that is as complex as it is in the region now we need to take a look at what media are doing and of course chinese media is washington are fueling tensions between the parties in the territory dispute how do you personally view this. i think we just cannot have tossed mass media told only...
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united states also. and appear to be if you can be with trying to hold ourselves to our nazis we've also seen the worst. of wars i'm not imagine it be a stinker. but to consign it to some out of just a few depends on the bridge repair and the and i. just think it's against the chinese sets over to complain i think if you noticed that he is trying to shift these to. our number reason she can i just don't want to go to my teachers or the boss the growing economy in. the cities and why it's not only he's a shame but also the work you nasty long to come fag and the surface a valid search against chinese to increase. regions. and while hillary clinton is looking after the us interests in beijing her fellow democrats are getting ready to thankfully declare barack obama their presidential candidate first lady michelle obama addressed the party convention urging voters to give her husband another her to fix the troubled u.s. economy romney and obama are now running about even in polls out of the members six elec
united states also. and appear to be if you can be with trying to hold ourselves to our nazis we've also seen the worst. of wars i'm not imagine it be a stinker. but to consign it to some out of just a few depends on the bridge repair and the and i. just think it's against the chinese sets over to complain i think if you noticed that he is trying to shift these to. our number reason she can i just don't want to go to my teachers or the boss the growing economy in. the cities and why it's not...
WHUT (Howard University Television)
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new car sales in the united states rose for a 15th straight month in august boosted by better sales from japanese automakers. u.s. research firm, auto debtor says, that vehicle sales rose 20% from a year ago to 1.2 million cars. hybrids gained popularity as gasoline prices rose. overall sales jumped as consumers replaced old cars. japanese auto makers made a striking come back after a slump following the march disaster last year. honda sales soared 60%. toyotas rose 45%. nissan gained over 7 1/2%. u.s. auto makers saw increases. general motors sales grew 10%. ford rose over 12%. and chrysler gained about 14%. the focus is now on whether auto makers can maintain momentum. u.s. spending and job data shows a slow recovery, casting uncertainty over the country'sic n -- country'sic n economic outl. >>> european commission officials say the investigation covers sitti covers eight countries and follows surprise inspections last year at the offices of firms across the region. eu officials plan to levy fines itch they uncover violations of antitrust rules. they also could force come papa to corre
new car sales in the united states rose for a 15th straight month in august boosted by better sales from japanese automakers. u.s. research firm, auto debtor says, that vehicle sales rose 20% from a year ago to 1.2 million cars. hybrids gained popularity as gasoline prices rose. overall sales jumped as consumers replaced old cars. japanese auto makers made a striking come back after a slump following the march disaster last year. honda sales soared 60%. toyotas rose 45%. nissan gained over 7...
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look for the united states to have a different foreign policy in any kind of substantive way romney because of the two party traps for a reason you know there's two terrible choices it's a lot like city go into a restaurant where they offer two meals and they're just terrible. the democrats are criticizing mitt romney for his vehement rich work against china as the obama administration seeks to improve relations with beijing state secretary hillary clinton's in the chinese capital for talks but the cancellation of a shuttle meeting with the vice president and presumed next leader is being seen as a snub to. in the visit comes amid rising diplomatic tensions beijing has warned washington to stay out of the country's territorial disputes with several other nations off the chinese coast the communist state to threaten to use force to defend its claims to a chain of islands that clinton says america's position is neutral that beijing is accused washington of meddling in the religions affairs dr helen and cohen contributing editor for foreign policy in focus i spoke with earlier here not to he's
look for the united states to have a different foreign policy in any kind of substantive way romney because of the two party traps for a reason you know there's two terrible choices it's a lot like city go into a restaurant where they offer two meals and they're just terrible. the democrats are criticizing mitt romney for his vehement rich work against china as the obama administration seeks to improve relations with beijing state secretary hillary clinton's in the chinese capital for talks but...
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states that. i watch and they run run down my property and some of the. this noise. broaches from all over the wire is protecting the country and the kind of guy who doesn't mind it is pants dirty so i come out here you know we're all immigrants that we all here are some sort.
states that. i watch and they run run down my property and some of the. this noise. broaches from all over the wire is protecting the country and the kind of guy who doesn't mind it is pants dirty so i come out here you know we're all immigrants that we all here are some sort.
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one and united states our souls are still. in the you know the with try and hold seize the words i don't want to learn the words are not matched to deeds. but he can sign it. as a matter of just a few depends on the bridge repair and. if you could just give us the chinese search number to me i could give you notice that he is trying to sue the school. you should pursue our number one reason she and i just don't want to go to my teachers or to boston growing economy. cities and why it's not only you east asian but also the world are you nasty want to come. across a valid search against chinese in greece. these regions. are just a woman in the business with marina for now though a series of failures of course russia to reshuffle its top space exploration bosses and ultimately rethink the approach to future projects but despite the setbacks the country's space plans for the years ahead remain rather ambitious as are often the reports the russian president has dismissed the lead even used to rove as the head of the space center fo
one and united states our souls are still. in the you know the with try and hold seize the words i don't want to learn the words are not matched to deeds. but he can sign it. as a matter of just a few depends on the bridge repair and. if you could just give us the chinese search number to me i could give you notice that he is trying to sue the school. you should pursue our number one reason she and i just don't want to go to my teachers or to boston growing economy. cities and why it's not only...
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china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single-handedly kept the global economy afloat during the global recession as the chinese communists figured out how to spur domestic spending. but after playing the role of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, much of the slowdown in china seems somewhat self-inflicted. when the purists realized it overstimulated the economy, governments hit the brakes and in many ways still seems like it's happening. the hope is that the chinese will stop stepping on the brake pedal but start cutting rates, adding real ago taken to the downshift in their economy. how about europe? the european central bank meeting this week and we're expecting to hear some chatter in unison that's going to reverse the declining economies over there and maybe unite to save the spani
china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single-handedly kept the global economy afloat during the global recession as the chinese communists figured out how to spur domestic spending. but after playing the role of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, much of the...
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wand and united states also. via not and in their view with trying to hold ourselves to a nazi use we've also seen the worst by god and learning of wars are not matched by it d. s. think these but he can sign it as a matter of back just a few depends on the courage of japan and the end. of bone they have to guess the chinese plane i think if you noticed that he is trying to ship these to. pursuit of our number reasons going to ask and want to take advantage of all the past growing economy in. the included cities and why it's not only in east asia but also across the world are you nasty want to come fag and serve us a valid search against chinese increase in regions. what you know is he now an attack on a military convoy has killed six officers in russia's southern republic of in good shape the incident happened in the region's rest of us district where several gunmen opened fire on their vehicles got a person off the latest report. the attack happened at around one pm moscow time when this military convoy was mov
wand and united states also. via not and in their view with trying to hold ourselves to a nazi use we've also seen the worst by god and learning of wars are not matched by it d. s. think these but he can sign it as a matter of back just a few depends on the courage of japan and the end. of bone they have to guess the chinese plane i think if you noticed that he is trying to ship these to. pursuit of our number reasons going to ask and want to take advantage of all the past growing economy in....
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barack president of the united states. [cheers and applause] we are at our core conservatives in the best sense of the word. ment thoughtful, responsible with public resources and respectful of personal freedom and we're liberal in the best sense of the word. we believe that government can and should be an instrument for the greater good. and although my former party has hijacked the term, there's really nothing conservative about today's republican party. no. [cheers and applause] in fact, there's no room there for traditional conservatives like us. but i am proud to say that in my friend, president. barack, we've found a -- president. -- president barack obama we've found a friend who holds these principles dear. we love this land. we believe in steward ship protecting our air and water because despite what big business and this party would have you believe destroying these precious resources will cost us far more in the future than preserving them now. second, we believe in personal freedom. we do not want the governmen
barack president of the united states. [cheers and applause] we are at our core conservatives in the best sense of the word. ment thoughtful, responsible with public resources and respectful of personal freedom and we're liberal in the best sense of the word. we believe that government can and should be an instrument for the greater good. and although my former party has hijacked the term, there's really nothing conservative about today's republican party. no. [cheers and applause] in fact,...
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is the word of the united states respected anymore on the global basis? >>> a new survey shows u.s. global competitiveness has fallen again. what do you blame? vote on that at finance.yahoo.com and we'll talk about that coming up. at usaa, we believe honor is not exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. i bought the car because of its efficiency. i bought the car because i could eliminate gas from my budget. i don't spend money on gasoline. it's been 4,000 miles since my last trip to the gas station. it's pretty great. i get a bunch of kids waving at me... giving me the thumbs up. it's always a gratifying experience. it makes me feel good about my car. i absolutely love my chevy volt. ♪ >>> welcome back. we're tak
is the word of the united states respected anymore on the global basis? >>> a new survey shows u.s. global competitiveness has fallen again. what do you blame? vote on that at finance.yahoo.com and we'll talk about that coming up. at usaa, we believe honor is not exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to...
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. >>> the drought in the united states may trigger another food crisis across the globe. to avoid this, three agencies at the united nations are urging governments around the world to take joint action. the food and agriculture organization, the world food program, and the international fund for agricultural development released a statement saying that corn prices have surged due to the record drought in the u.s. the agencies warn that soaring prices of corn, wheat and soybeans could cause a recurrence of the global food crisis seen in 2007 and 2008. they call for short-term efforts to curb the sharp rise in food prices that might seriously affect more people. it also notes there needs to be review of the current framework for producing and distributing food as the world population is growing. the agencies urge countries to avoid panic buying and refrain from imposing export restrictions. they also appeal for international support to help poor nations boost their food output. that is all for me for this hour. i'll leave you with a recap of the rketigures. >>> the japanese
. >>> the drought in the united states may trigger another food crisis across the globe. to avoid this, three agencies at the united nations are urging governments around the world to take joint action. the food and agriculture organization, the world food program, and the international fund for agricultural development released a statement saying that corn prices have surged due to the record drought in the u.s. the agencies warn that soaring prices of corn, wheat and soybeans could...
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the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like extended unemployment insurance have maybe kept the rate high. let's look at what the response was. lacker and bullard say there is a huge percentage of people unemployed for a long period of time. where is the deflation. all of this extra slack, then we should have deflation in the economy, and the former president of the central bank. an expert in monetary policy, put up this chart. when you look at core inflation, there is no deflation. he argues thath race should maybe be higher. bill, a big debate in the federal reserve. what number s
the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like...
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we have a long way to go, sxnt just the united states. if you look around the world, the world economy has been hurtings for two years plus, so i think we've got a long way to go, and we ought to be doing things to get the growth rate higher. but the question of would you rather be living in january, 2009, when the economic team incoming, you're about to be in the great depression, you better figure out what you're going to do once the depression has started that was a black hole that we did not go into. >> president gave himself an incomplete. you were in the white house during the financial and the health care debate. and the debate on whether to raise the debt ceiling. you pointed out more needs to be done. >> i would say in the immediate term, we have to put focus on getting the growth rate up, and getting the growth rate going. it should be on private sector growth, and focus on experts and the focus on trying to focus on getting people to stay in their houses and the equivalent tax cut, and then deficit reduction. >> it's debateable
we have a long way to go, sxnt just the united states. if you look around the world, the world economy has been hurtings for two years plus, so i think we've got a long way to go, and we ought to be doing things to get the growth rate higher. but the question of would you rather be living in january, 2009, when the economic team incoming, you're about to be in the great depression, you better figure out what you're going to do once the depression has started that was a black hole that we did...
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switzerland, singapore, finland, sweden, the netherlands, germany and the united states. in a previous segment, john carney said to ignore the quote pinheads at the world economic forum. are you? >> i don't ignore them. i want to ask you a question. put the shoe on the other foot here. here's the list of what matters according to them for competitiveness. institutions, infrastructure, macroeconomy, health and primary education and higher education. my question to you is which candidate is talking about all five of these things? >> none. >> to what extent is the united states engaged in a debate of institutions, infrastructure -- >> i shouldn't say none. we are around the margins. >> around the edges. >> the three is big focus obviously. obama touched on education and as mitt romney -- >> if this stuff matters, we ain't talking about it. okay? we are talking about the deficit which matters. that's part of -- i've only showed you five of the 12 pillars they call them. guys, do we have those full screens back there? those charts i wanted to put up. put up the first one here.
switzerland, singapore, finland, sweden, the netherlands, germany and the united states. in a previous segment, john carney said to ignore the quote pinheads at the world economic forum. are you? >> i don't ignore them. i want to ask you a question. put the shoe on the other foot here. here's the list of what matters according to them for competitiveness. institutions, infrastructure, macroeconomy, health and primary education and higher education. my question to you is which candidate is...
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we've dropped again, four years in a row, and now six different nations top the united states in the world economic forum's list of the most competitive economies. dagen: and this will go over well, in greece, calls to increase the workweek there to six days. say it ain't so. connell: say it ain't so. a lot to talk about today. at the top of the hour, before we talk about anything else, let's do stocks now as we do every 15 minutes with nicole petallides. disney today, all-time high. nicole: we have a long-term chart of disney to take a look at here. when you look at it year to date, up over 30%. hitting all-time high of 51.13. recently we found that between april and june, disneyland resort drew the most visitors than it ever had before in the same period. of course you think of disneyland, you think of disney resorts, you think of also media and film. films like the avengers for example. disney certainly has recent success and that is evident here in the stock up 2 1/2%. the major market averages the dow right now is up about 8 1/2 points. back above the 13,000 mark. we're watching
we've dropped again, four years in a row, and now six different nations top the united states in the world economic forum's list of the most competitive economies. dagen: and this will go over well, in greece, calls to increase the workweek there to six days. say it ain't so. connell: say it ain't so. a lot to talk about today. at the top of the hour, before we talk about anything else, let's do stocks now as we do every 15 minutes with nicole petallides. disney today, all-time high. nicole: we...
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natural gas in the united states is cheaper than foreign locales. we have that as a cost advantage. we have cheaper electricity and better equipment on the ground. i would see u.s. exports of refined petroleum products continuing to grow, help the manufacturing centers, helping our business. >> say i'm a businessman with a lot of money. i listen to you. i want to open a refinery right next to you. is it tougher to site a refinery than we think? >> incredibly tough. >> we buihaven't built a lot. >> we modernized the plants we have. a year, two years in permitting, three or four in execution. building refineries in the country, very tough to do. the most lukely place it will happen is in the backyard of the existing plants. that's what we are doing for example in woods cross near salt lake city, utah. expanding from 30,000 to 44,000 barrels a day. >> one last question. i'm thinking why don't you own a thousand gas stations? you have the low cost refined product. you sell it to people. the other guys i follow have stations do they have the wrong model? >> we have high returns to capita
natural gas in the united states is cheaper than foreign locales. we have that as a cost advantage. we have cheaper electricity and better equipment on the ground. i would see u.s. exports of refined petroleum products continuing to grow, help the manufacturing centers, helping our business. >> say i'm a businessman with a lot of money. i listen to you. i want to open a refinery right next to you. is it tougher to site a refinery than we think? >> incredibly tough. >> we...
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states and has mentioned for almost the last one hundred years or so so you're going to get a lot of attention and particularly in the south china sea where the u.s. says it's neutral but has for did a number of the small countries that are currently in conflict with china over resources. french officials say two people have been injured in a chemical accident at the country's oldest nuclear power plant and it reports that a fire broken out at the pheasant hunting station were not confirmed professor christopher busby from the european committee on radiation risks has told me that french nuclear plants are of potential threats to all of europe the real problem is that in these situations the potential danger is that so that the moment so you can have a lot of small accidents a big problem and then suddenly you have one. of those that's the problem there is luck and good little growth it's all or nothing it's not efficient and it's not so and the problem is the unsafe. totally so that anything goes wrong seriously you're going to contaminate your. got in. the pressure of brussels oh n
states and has mentioned for almost the last one hundred years or so so you're going to get a lot of attention and particularly in the south china sea where the u.s. says it's neutral but has for did a number of the small countries that are currently in conflict with china over resources. french officials say two people have been injured in a chemical accident at the country's oldest nuclear power plant and it reports that a fire broken out at the pheasant hunting station were not confirmed...
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was helping the united states in the invasion of iraq in the mideast thing the palestinian. peace talks. egypt was serving the us too much. is trying to continue the same policy but it was some rhetorical distance some symbolic acts that he is independent for example it was his first visit first visit by any is actually the. thirty years no egyptian leader when he went there but did he break or any strategic alliance with the iranians no he went. on iranian policy on its policies on syria. and please the gulf states big finances of the egyptian economy and also he pleases the americans and the israelis and nobody was showing anything is happening remember the arab spring is all about putting the house and all the internal situation it is not about foreign policy and i don't see any a structural change an egyptian foreign policy since. the president is continuing the same old policy of mubarak but with this stance and some with some symbolism. but really clearly trying to get a fine balance between. the american interests and also what's happening in syria also the interest w
was helping the united states in the invasion of iraq in the mideast thing the palestinian. peace talks. egypt was serving the us too much. is trying to continue the same policy but it was some rhetorical distance some symbolic acts that he is independent for example it was his first visit first visit by any is actually the. thirty years no egyptian leader when he went there but did he break or any strategic alliance with the iranians no he went. on iranian policy on its policies on syria. and...
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., the united states gets deevaluated. this is wrong. they have got to bring up what are we going to do, what is your administration going to do? but more important, i haven't heard anything new. what are going to do to lower the deficit? what will you do to create more jobs? what will you do to be more accountable for that? if they don't mention that, america becomes like europe and none of us in america want that. none of us want that. melissa: from the reports i've been hearing about the democratic national convention and speech i'm watching they're embracing their spendingselves. they feel very good about this. you heard neil cavuto talk about this. spending makes sense. this is what you do as a government. isn't that your impression being there? >> well, priority, i love you out there, okay. that is a priority. but what is very important that we love each other as this, they're not addressing it. america that is very important. we don't want to go bankrupt. if bankrupt happens, there is less shops, there is less problems and more ri
., the united states gets deevaluated. this is wrong. they have got to bring up what are we going to do, what is your administration going to do? but more important, i haven't heard anything new. what are going to do to lower the deficit? what will you do to create more jobs? what will you do to be more accountable for that? if they don't mention that, america becomes like europe and none of us in america want that. none of us want that. melissa: from the reports i've been hearing about the...
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laying out the in a state system in the united states you don't say, let's only go to l.a. that's not how you do it. you put roads everywhere, andano go and when they want to go for whatever reasons they come up with. for me, help the space program is one that can choose to go anywhere. military reasons, economic reasons, whatever reasons that confronts us. all right. so, now, when you innovate and it is written large you have a grand epic adventures that echoed through the educational pipelined. how am i to do it? i stand up in front of an eighth grade class. who wants to be an aerospace engineer. you can design a plan that is 10% more fuel-efficient than the one your parents flew. that is one scenario. who wants to be an aerospace engineer so that you can design an airplane that can navigate the rarified atmosphere of mars. i'm going to be getting the best students in class. not everybody cares about fuel efficiency. we want them to, but that is not how you get smart people to express their smart. we tell ourselves we live in a free country. a smart person is interested i
laying out the in a state system in the united states you don't say, let's only go to l.a. that's not how you do it. you put roads everywhere, andano go and when they want to go for whatever reasons they come up with. for me, help the space program is one that can choose to go anywhere. military reasons, economic reasons, whatever reasons that confronts us. all right. so, now, when you innovate and it is written large you have a grand epic adventures that echoed through the educational...
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first up, last year the united states was fifth in global competitiveness in a survey. this year we have dropped to seventh. let me show you where we are. after switzerland, after swing pore, after finland they recently had so many free market reforms in those countries after the netherlands and after germany. let me posit a wee editorial on why. first of all we have the highest corporate tax rate in the world, an unsolved fiscal cliff. business uncertainty over taxes, spending, deficits and political deadlock. what did we do four years ago and what's going to be done to stop this decline? we have cnbc contributor jared bernstein, and we welcome allison fraser, heritage foundation director of economic policy. i really can't stand that we are slipping in this rating. i want america first. what's gone wrong here? >> this is no surprise. as you said it's the fourth year we have slipped. we are in seventh place. the heritage index of economic freedom has shown the same thing. one of the major reasons is we have a deaf sut and debt crisis that washington is simply not dealin
first up, last year the united states was fifth in global competitiveness in a survey. this year we have dropped to seventh. let me show you where we are. after switzerland, after swing pore, after finland they recently had so many free market reforms in those countries after the netherlands and after germany. let me posit a wee editorial on why. first of all we have the highest corporate tax rate in the world, an unsolved fiscal cliff. business uncertainty over taxes, spending, deficits and...
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. >> the syrian opposition may be united on the goal of ousting assad from power but they are divided about how to go about doing it. >> some of the points of contention include intervention by data were gulf state armies and the role of islam. observers say syria could go the way of egypt and libya should assad be toppled and want to see a state centered on islam. here is a look at some of the forces on the syrian national council and their priorities. >> the syrian opponents are united by wanting to see assad go, but that's about as far as it goes. they are divided into several groups with a variety of strategies on how to force the president from office. for instance, there is the syrian national council. this group brings together mostly exiled conservative liberal and islamist opponents of the regime. the international community considers the syrian national council to be the main voice of the opposition. it is represented in berlin for a long time that diplomacy and -- back to diplomacy and sanctions, but now it supports tougher measures. >> we are convinced that only foreign mi
. >> the syrian opposition may be united on the goal of ousting assad from power but they are divided about how to go about doing it. >> some of the points of contention include intervention by data were gulf state armies and the role of islam. observers say syria could go the way of egypt and libya should assad be toppled and want to see a state centered on islam. here is a look at some of the forces on the syrian national council and their priorities. >> the syrian opponents...
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your new president of the united states. at the same time, another paper published this profile of mr. lincoln. mr. lincoln stand 6 feet tall and his socks, which he changes once every ten days. his anatomy is composed mostly a bonus and when walking he resembles the offspring of a happy marriage between add derek and the wind melt. his head is shaped something like a rebel. he can hardly be called handsome, though he is much better looking since he had the smallpox. [laughter] yes. all right. well, flash forward. president obama called a racist, marxist, fascist, dictator, muslim. that is not meant as a positive turn, by the way. a man of faith, a muslim, meaning a terrorist. and not see, a foreigner, a jackass. rush limbaugh calls in that. a liar. of course on the floor of the house. and a socialist. this is an obsession with obama as a person. it is what others have called them. the phrase i use in the book, the other in a president obama. they have to kind of prove that he is not like us. and though some of it, not all o
your new president of the united states. at the same time, another paper published this profile of mr. lincoln. mr. lincoln stand 6 feet tall and his socks, which he changes once every ten days. his anatomy is composed mostly a bonus and when walking he resembles the offspring of a happy marriage between add derek and the wind melt. his head is shaped something like a rebel. he can hardly be called handsome, though he is much better looking since he had the smallpox. [laughter] yes. all right....
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he is big cheese. >> is the united states losing its competitive edge. the world economic forum says yes. we'll speak to the head of the u.s. arm, kevin steinberg about surprising results in this group's new study. time for stocks. been 15 minutes since we last checked in with nicole. melissa: has it already? lori: time is flying by. we're having a great time, except if you're long the market you're not having a great time. nicole? >> we lost some of our earlier gains, that's true. s&p and nasdaq composite turned back into the red. they weren't too far off the unchanged line, .2 and moves we're really seeing and the dow is flat at the moment but we've had a lot of names on the move. the vix, the fear index, is to the downside. a lot of focus on the ecb in the next 24 hours. that is grabbing the attention of wall street. the jobs number, a big feature here, arguably the most important economic report that we get each month. we'll look at dow component disney. all-time high for disney. and so if you're a shareholder, you own major indexes, you own a mutual
he is big cheese. >> is the united states losing its competitive edge. the world economic forum says yes. we'll speak to the head of the u.s. arm, kevin steinberg about surprising results in this group's new study. time for stocks. been 15 minutes since we last checked in with nicole. melissa: has it already? lori: time is flying by. we're having a great time, except if you're long the market you're not having a great time. nicole? >> we lost some of our earlier gains, that's true....
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the united states pushing that 16 trillion mark yesterday. what does that mean for a president who wants a second term. we'll discuss and dismiss the debt like they do. chris christy said what is wrong with washington? well nancy pelosi. >> she is part of the problem. it is true. listen, any of the leaders are up there if they are not trying to make a difference. >> brian: chris christy sounded off and sang a bit with jimmie fallon. we'll bring it out because you were probably nodding off when he was talking to chris christie. all next for the 2012 election . ♪ ♪ "fox and friends". >> >> gretchen: good morning. i needed that election surge to get me through hump day. i needed that election. thank you for making my day. >> brian: we are wednesday and two more days left of the convention and we'll know here until friday morning. yesterday it was clear, we need more time and we are off to a great start and need more time. >> steve: plus we might need more umbrellas. supper time, it was coming down. >> brian: i didn't notice that. >> gretchen
the united states pushing that 16 trillion mark yesterday. what does that mean for a president who wants a second term. we'll discuss and dismiss the debt like they do. chris christy said what is wrong with washington? well nancy pelosi. >> she is part of the problem. it is true. listen, any of the leaders are up there if they are not trying to make a difference. >> brian: chris christy sounded off and sang a bit with jimmie fallon. we'll bring it out because you were probably...
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to see good retail in the united states. i see good housing in the united states. how many times did phil lebeau come on and say every single auto maker 14.5 million autos? i mean that's booming. union pacific, things are great. so you just get a picture that says, wait. need to go back to the u.s. again. >> three months of contracting isms. that's a problem. deutsche bank is out this morning saying if you correlate ism to the s&p you would either need a 10% correction in the market or ism back to 54 to justify the current level. >> well, if it's either/or -- the former certainly makes more sense. >> we keep it going. we're reflecting china and europe in the lack of growth in our economy or are they really going to bring us down? >> they reflected china in the chinese stock market which is really hideous. you want to see a real bear market, by the way, versus these european markets. we can say all the negative things you want but you made more money in germany this year so far than in the united states. something isn't it? >
to see good retail in the united states. i see good housing in the united states. how many times did phil lebeau come on and say every single auto maker 14.5 million autos? i mean that's booming. union pacific, things are great. so you just get a picture that says, wait. need to go back to the u.s. again. >> three months of contracting isms. that's a problem. deutsche bank is out this morning saying if you correlate ism to the s&p you would either need a 10% correction in the market...
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it is a whole other job entirely to be first lady of the united states. it is a job that brings with it a lot of speaking responsibilities and oh, my god, could you see that tonight. first lady tonight, a long, personal, emotionally, frankly excellent speech from michelle obama. chris matthews? >> certainly made the connection, don't you think? i mean, so much of tonight was interactive. it was between her and that audience in the room. i thought the camera work was so important watching this on television. you saw on the faces of men and women, black and white, all different backgrounds, the connection. she was with people. the emotional connection, telling the story of her love affair with her husband. with her life of getting ahead. but there was one big difference than four years ago which just came through in the earlier speeches tonight. it was hope and change, yes, hope and change but not hope and change imaginally overnight. but hope through work and patience and time and effort and then change. i think it was a much more mature look at their own
it is a whole other job entirely to be first lady of the united states. it is a job that brings with it a lot of speaking responsibilities and oh, my god, could you see that tonight. first lady tonight, a long, personal, emotionally, frankly excellent speech from michelle obama. chris matthews? >> certainly made the connection, don't you think? i mean, so much of tonight was interactive. it was between her and that audience in the room. i thought the camera work was so important watching...